email from QT

[weplant]

Well received a email from QT today, I am sure most of you did also...It states they can only pay out in Euros...My question is, I only have 150.00 in there couldn't I just deposit it a casino and play it out...They said we will be able to log onto qt from July 1st thru August to request our payouts. i would just like to deposit it at 3dice or somewhere..Any ideas??

 

[bpb]

I suggest you reread the email, because this was addressed very explicitly.

 

[MaryJean]

SPEAKING OF 3DICE

This is just a question---I don't know the answer.

3Dice uses OKpay as a deposit account from the US.
In looking at that site they show the ability for 'conversion' between
various currencies.

Perhaps with the proper investigation there might be a way of transferring
QT to Okpay and then converting.

Maybe---just maybe???

 

[Nifty29]

I suggest you reread the email, because this was addressed very explicitly.

Why would anyone want to do that????

 

[MaryJean]

Euro to Us

A possible way of changing Euro to US.

If Qt has a way of balancing to OK, and OK can convert to US.

Look at OK's site---they can do a lot of things and work with a lot
of merchants.

This is only a nebulous idea. Nobody knows 'nuttin' til QT opens their
site again, and shows their final arrangements.

 

[SlotsLover]

what is OK?

A possible way of changing Euro to US.

If Qt has a way of balancing to OK, and OK can convert to US.

Look at OK's site---they can do a lot of things and work with a lot
of merchants.

This is only a nebulous idea. Nobody knows 'nuttin' til QT opens their
site again, and shows their final arrangements.

Sorry to ask a simple question, but what is OK?

 

[Nifty29]

A possible way of changing Euro to US.

If Qt has a way of balancing to OK, and OK can convert to US.

Look at OK's site---they can do a lot of things and work with a lot
of merchants.

This is only a nebulous idea. Nobody knows 'nuttin' til QT opens their
site again, and shows their final arrangements.

*sigh*

The email says that the QT funds CANNOT be transferred to merchants etc and can only be paid to a bank account in Euros.

Is there any reason you didn't read the email properly?

 

[Mousey]

No one has addressed this and maybe I'm wrong all way round... but I posed this question elsewhere and no one ventured a guess. I don't have any money seized by the feds so there's no reason for me personally to ask a lawyer but... for those who have large amounts seized by the feds ...

ok... If you go to the PDF, do a page search for Chargestream... You'll also see Doylesroom, etc. in that same section.

Question: Do or do not the people who are still owed money stuck in QT/Chargestream and the affected poker rooms have a case or claim to bring before the court requesting payment -- especially those with huge balances seized?

You do not have permission to view link Log in or register now.

The contents of ABN AMRO Bank NV Acct No. XXXXXX8780 in the name of
Chargestream Ltd Acct# 0243058780 (11-ICE-001094) which was seized from ABN
AMRO Bank NV on May 20, 2011 at Head Office, Gustav Mahlerlaan 10, located in
Amsterdam,The contents


Any person claiming a legal interest in the Defendant Property must file a verified Claim with
the court within 60 days from the first day of publication (June 17, 2011) of this Notice on this
official government internet web site and an Answer to the complaint or motion under Rule 12
of the Federal Rules of Civil Procedure within 21 days thereafter. 18 U.S.C. § 983(h)(1)
permits a court to impose a civil fine on anyone asserting an interest in property which the court
determines was frivolous.The verified Claim and Answer must be filed with the Clerk of the Court, 101 W. Lombard
Street, Baltimore, MD 21201, and copies of each served upon Assistant United States Attorney
Richard C. Kay, 36 S. Charles Street, Fourth Floor, Baltimore, MD 21201, or default and
forfeiture will be ordered. See, 18 U.S.C. § 983(a)(4)(A) and Rule G(5) of the Supplemental
Rules for Admiralty or Maritime Claims and Asset Forfeiture Actions.

 

[Nifty29]

No one has addressed this and maybe I'm wrong all way round... but I posed this question elsewhere and no one ventured a guess. I don't have any money seized by the feds so there's no reason for me personally to ask a lawyer but... for those who have large amounts seized by the feds ...

Before anyone chimes in with their own "legal advice".....

If you are owed money related to what mousey posted please seek PROFESSIONAL legal advice.

To answer the question, we will have to wait until someone actually receives aforesaid advice. Otherwise, it would just be wild speculation.

 

[Mousey]

Before anyone chimes in with their own "legal advice".....

If you are owed money related to what mousey posted please seek PROFESSIONAL legal advice.

To answer the question, we will have to wait until someone actually receives aforesaid advice. Otherwise, it would just be wild speculation.

I agree, but I was thinking that for those who have mega moolah tied up -- like poker players -- it might be worth consulting a lawyer. Of course, anyone who lives in a state with specific anti-online gaming laws (like Washington state, etc.) it probably wouldn't be the way to go.

Just another avenue to explore....

 

[weplant]

Why would anyone want to do that????

I apologize for my question. Obviously I just scanned email and missed the info I needed. Didn't intend to annoy anyone.

 

[MaryJean]

OKPAY

Sorry to ask a simple question, but what is OK?

Sorry I shouldn't have abbreviated. OK is OKpay. It is an e-wallet that 3Dice is using to accept US deposits.

While looking over OKpay's site I found several references to converting currencies and the fees they charged to do so. I don't know what all would be involved. I only threw the idea out there for those who might find it expedient to investigate.

 

[anniemac]

Since QT is/was a spinoff of EcoCard, wonder if it would be possible to have any monies tied up to be sent to EcoCard. I still have an Ecocard account and it is still viable, just checked. I know that you can't use EcoCard in the US for gambling but if you could get QT to send funds to Ecocard then you could get your money sent to you via Ecocard.

Maybe? Just a thought.

 

[Nifty29]

The email states that funds cannot be transferred to merchants and can only be paid to a bank account in euros.

It is very clear that there is only one way to get paid. I'm sure the DOJ insisted that funds could not just be sent to another ewallet to continue the "illegal" activities.

 

[lnspin]

Since QT is/was a spinoff of EcoCard, wonder if it would be possible to have any monies tied up to be sent to EcoCard. I still have an Ecocard account and it is still viable, just checked. I know that you can't use EcoCard in the US for gambling but if you could get QT to send funds to Ecocard then you could get your money sent to you via Ecocard.

Maybe? Just a thought.

They will swear up and down that they are not the same company, even when shown proof they will insist they have nothing to do with them, so im sure they wont do this as then they will have to admit there the same company

 

[Nifty29]

They will swear up and down that they are not the same company, even when shown proof they will insist they have nothing to do with them, so im sure they wont do this as then they will have to admit there the same company

Even if they could, they wouldn't be able to as the only way to withdraw is via a bank account in Euros. I would be 99% sure this was a stipulation by the DOJ to stop players doing what some are suggesting here. It sucks, but there she blows.

 

[vinylweatherman]

Even if they could, they wouldn't be able to as the only way to withdraw is via a bank account in Euros. I would be 99% sure this was a stipulation by the DOJ to stop players doing what some are suggesting here. It sucks, but there she blows.

I can't see that, since this would COMPEL US customers to look at offshore banking, and they would quickly realise that not only could they withdraw from QT, but could continue to gamble through their offshore account, with no need to transact into and out of the US, thus nullifying the effect of UIGEA.

Once regular QT users have got Euro offshore bank accounts, they will be in a position to use these accounts with the new eWallet solutions, or even to use the account DIRECTLY with a casino.

It is more likely that QT have realised that using an offshore Euro account will prevent the DoJ seizing any more money, and that QT will then disappear, and another eWallet will pop up to utilise these Euro accounts that players have opened.

The fact that US players have to worry about declaring the offshore accounts to the IRS is not QT's problem.

If the DoJ were involved, it would have worked along the lines of how Neteller customers got their money after a deal was negotiated with the DoJ that required Neteller to stay out of the US altogether. The two poker rooms that have had their sites released so that US players can have their money returned are NOT claiming that the DoJ have insisted that the money can only be paid to Euro accounts.

For QT this is really a stalling tactic, as they know that most customers would not know how to go about opening and using a Euro account, and only those with significant balances are likely to even bother trying.

If the money is good, there is no reason for it not being available to use with merchants. I suspect that it is the MERCHANTS that believe the money is NOT "good", and therefore it is the MERCHANTS that have cut off this lifeline for QT customers. It may have something to do with QT telling merchants that they will NEVER see the money that players deposited to them via QT in the closing weeks, and they are not going to accept any more QT deposits until QT first makes good on the earlier amounts.

I am sure that some QT customers will call their bluff and obtain Euro accounts, and then share with others how to go about it. QT will either have to pay up as promised, or cook up another excuse for further delay.

 

[Nifty29]

Regardless of the reason, the whole point is that there have been many posts asking about whether they can send the funds to a, b or c when it explicitly states that there is only.one way to get the funds - via a bank account in euros.

I'm sure QT have estimated how many players will bother doing it, and realise that they won't have to settle all their debts. Maybe if affected players owe tax to the IRS one day, they can inform them that they will only pay in Dutch Guilders to a Serbian bank account.....

 

[universal4]

I'm sure the DOJ insisted that funds could not just be sent to another ewallet to continue the "illegal" activities.

If in fact the US Govt suggested that QT should have this policy, it would make sense that they also suggested to QT that they should pay US residents vack what is owed. (ok I am not suggesting that the govt actually do anything itself that is logical)


If in fact they did this, I wonder how they feel about QT setting policy that is clearly defined to NOT pay anyone back???

Rick


Edited to add: I see that Vinylweatherman said it a bit better than I.

 

[EasyRhino]

Anyone tried to process a QT payment yet?

It seems from twoplustwo that a few people have managed to get wires sent to their US bank accounts (banks that have SWIFT codes to process international wires, and will convert from euros). I haven't lined up a bank account yet myself.

 

[jolub]

I have $370.00 with QuickTender. I have contacted support twice. I have also emailed them twice. All were inquiries about opening a Euro account in Canada. None of inquiries have been answered. I'm beginning to think their letter is a scam.

Also the web site is view only.

 

[footdr]

Don't think they are answering any emails........

I requested a print-out of the last 6 months of my account transactions, no response, even did this before they officially blocked our accounts.

I am mad as I can't get the record for tax purposes.